Okay, I've got a new house for the animal family and me. Now: What to do with the old one? The plan is to ready it for sale or rent. I've talked with a couple of friends to see if they might want to buy it or maybe even rent it at a reduced rate just to keep it from standing empty.
And, my soon-to-be-ex Edgar has volunteered to rent it.
Edgar tells me I have to hang onto it. "That house is the only thing you have." Well, sort of.
I like to think of things like friends and family, years of experience in the kind of work I love, even my books and music as things I "have." But he's right. The old homestead is certainly my biggest material asset, even though its value has been dropping like a stone.
"This isn't the time to be selling your house," he told me.
I didn't buy the house as an investment, per se. I bought it 11 years ago because I'd always wanted a house, and needed a nice, quiet place to keep myself and my stuff. I kept it even when strangers approached me in the yard during the real estate boom and offered me several times what I paid.
But they were offering only money. This is my home.
And though it is worth much, much less than it has been, I should still make a profit if I'm able to sell the place.
But that's a big If. I'd love to be able to rent it to Edgar and keep it. He does have a stable job, he knows the house's idiosyncrasies and might take better care of it than I have.
However, I also remember worrying, when he lived here, that he might set the place on fire during a drunken episode.
Typically, Ed is presenting himself as the solution to my problems, even though he says he can't afford the full mortgage payment. I'd have to pick up the shortfall. "But if you'd be willing to lose your house over a couple of hundred dollars a month," he said, "that's just stupid."
Maybe, Ed. But tempting as it might be to rent this place to you, at a discount, I keep coming back to this: If you were trustworthy, would I be divorcing you?